BUS410 SLP 2 Do some research on the currency and banking situation in India

BUS410 SLP 2Do some research on the currency and banking situation in India.We normally think of currency and banking risks as being something confined to third-world or developing countries. But events in the past few years such as the Euro crisis or the financial crisis in the United States have shown that not even the wealthy, developed countries are without risks on the financial side. So it is important for any company doing business in your country to carefully consider the risks that they face.After you’ve done some research about financial issues in India, write a 2- to 3-page paper covering the following issues:1. The currency of your country. Is it stable? Does the exchange rate fluctuate a lot?2. The banking system in your country. How safe is this system? Any recent banking crisis in your country?3. Overall does the financial system in your country make it easy or difficult to do business? What kind of steps would you recommend for a company doing business in your country to hedge or minimize its financial risks?Additional Requirements:Must have this Format please.Set 1-inch margins on all four sides.Use 12-point type throughout; don’t use different type sizes.Double-space the text throughout the paper, including the reference page.Do not put extra spaces between paragraphs or between headings and paragraphs.Use italics or bold for emphasis, but use them sparingly or it becomes too distracting for your readerMUST HAVE REFERENCES!!!